{"formats":[{"name":"JSON","format":"json","url":"\/downloads\/2025\/code-json\/38.2-1362.json"},{"name":"Plain Text","format":"text","url":"\/downloads\/2025\/code-text\/38.2-1362.txt"},{"name":"XML","format":"xml","url":"\/downloads\/2025\/code-xml\/38.2-1362.xml"},{"name":"HTML","format":"html","url":"\/downloads\/2025\/code-html\/38.2-1362.html"}],"law_id":54417,"edition_id":1,"section_id":54417,"structure_id":13457,"section_number":"38.2-1362","catch_line":"Examination authority","history":"2001, c. 706.","full_text":"The acts of a managing general agent are considered to be the acts of the insurer on whose behalf it is acting. A managing general agent may be examined pursuant to Article 4 (\u00a7 38.2-1317 et seq.) of this chapter as if it were the insurer. In addition, the managing general agent shall be subject to examination pursuant to \u00a7 38.2-1809 if it or any of its officers, directors, agents, or employees is licensed as a producer under Chapter 18 (\u00a7 38.2-1800 et seq.) of this title.","order_by":null,"text":{"0":{"id":199741,"text":"The acts of a managing general agent are considered to be the acts of the insurer on whose behalf it is acting. A managing general agent may be examined pursuant to Article 4 (\u00a7 38.2-1317 et seq.) of this chapter as if it were the insurer. In addition, the managing general agent shall be subject to examination pursuant to \u00a7 38.2-1809 if it or any of its officers, directors, agents, or employees is licensed as a producer under Chapter 18 (\u00a7 38.2-1800 et seq.) of this title.","type":"section","prefixes":[""],"prefix":"","entire_prefix":"","prefix_anchor":"","level":1}},"ancestry":[{"id":13457,"edition_id":1,"name":"Licensing of Managing General Agents","identifier":"9","label":"article","depth":3,"order_by":1,"parent_id":13289,"metadata":{},"date_created":"2026-06-26 03:44:55","date_modified":"2026-06-26 03:44:55","permalink":{"id":211857,"object_type":"structure","relational_id":13457,"identifier":"9","token":"38.2\/13\/9","url":"\/38.2\/13\/9\/","edition_id":1,"permalink":0,"preferred":1}},{"id":13289,"edition_id":1,"name":"Reports, Reserves and Examinations, Insurance Holding Companies, Reinsurance Intermediaries, and Managing General Agents","identifier":"13","label":"chapter","depth":2,"order_by":1,"parent_id":12698,"metadata":{},"date_created":"2026-06-26 03:44:35","date_modified":"2026-06-26 03:44:35","permalink":{"id":211347,"object_type":"structure","relational_id":13289,"identifier":"13","token":"38.2\/13","url":"\/38.2\/13\/","edition_id":1,"permalink":0,"preferred":1}},{"id":12698,"edition_id":1,"name":"Insurance","identifier":"38.2","label":"title","depth":1,"order_by":1,"parent_id":null,"metadata":{},"date_created":"2026-06-26 03:43:49","date_modified":"2026-06-26 03:43:49","permalink":{"id":210661,"object_type":"structure","relational_id":12698,"identifier":"38.2","token":"38.2","url":"\/38.2\/","edition_id":1,"permalink":0,"preferred":1}}],"structure_contents":[{"id":82605,"structure_id":13457,"section_number":"38.2-1358","catch_line":"Definitions","url":"\/38.2-1358\/","token":"38.2\/13\/9\/38.2-1358","metadata":false},{"id":84337,"structure_id":13457,"section_number":"38.2-1359","catch_line":"Licensure","url":"\/38.2-1359\/","token":"38.2\/13\/9\/38.2-1359","metadata":false},{"id":66843,"structure_id":13457,"section_number":"38.2-1360","catch_line":"Required contract provisions","url":"\/38.2-1360\/","token":"38.2\/13\/9\/38.2-1360","metadata":false},{"id":57894,"structure_id":13457,"section_number":"38.2-1361","catch_line":"Duties of insurers utilizing managing general agents","url":"\/38.2-1361\/","token":"38.2\/13\/9\/38.2-1361","metadata":false},{"id":54417,"structure_id":13457,"section_number":"38.2-1362","catch_line":"Examination authority","url":"\/38.2-1362\/","token":"38.2\/13\/9\/38.2-1362","metadata":false},{"id":83354,"structure_id":13457,"section_number":"38.2-1363","catch_line":"Penalties and liabilities; grounds for placing on probation, refusal to issue or renew, revocation, or suspension of license","url":"\/38.2-1363\/","token":"38.2\/13\/9\/38.2-1363","metadata":false},{"id":69749,"structure_id":13457,"section_number":"38.2-1364","catch_line":"Requirement to report to Commission","url":"\/38.2-1364\/","token":"38.2\/13\/9\/38.2-1364","metadata":false}],"previous_section":{"id":57894,"structure_id":13457,"section_number":"38.2-1361","catch_line":"Duties of insurers utilizing managing general agents","url":"\/38.2-1361\/","token":"38.2\/13\/9\/38.2-1361","metadata":false},"next_section":{"id":83354,"structure_id":13457,"section_number":"38.2-1363","catch_line":"Penalties and liabilities; grounds for placing on probation, refusal to issue or renew, revocation, or suspension of license","url":"\/38.2-1363\/","token":"38.2\/13\/9\/38.2-1363","metadata":false},"metadata":false,"official_url":"https:\/\/law.lis.virginia.gov\/vacode\/38.2-1362\/","history_text":"<p>This law was first created in 2001. The record of its establishment is cataloged in chapter <a href=\"https:\/\/legacylis.virginia.gov\/cgi-bin\/legp604.exe?011+ful+CHAP0706\">706<\/a> of that year\u2019s edition of \u201cActs of Assembly,\u201d the annual state publication listing all changes made to the Code of Virginia in that year.<\/p>","references":false,"refers_to":[{"id":85909,"section_number":"38.2-1317","catch_line":"Examinations; when authorized or required","order_by":null,"url":"\/38.2-1317\/"},{"id":67482,"section_number":"38.2-1800","catch_line":"Definitions","order_by":null,"url":"\/38.2-1800\/"},{"id":59462,"section_number":"38.2-1809","catch_line":"Power of Commission to investigate affairs of persons engaged in insurance business; penalties for refusal to permit investigation","order_by":null,"url":"\/38.2-1809\/"}],"permalink":{"id":211875,"object_type":"law","relational_id":54417,"identifier":"38.2-1362","token":"38.2\/13\/9\/38.2-1362","url":"\/38.2-1362\/","edition_id":1,"permalink":0,"preferred":1},"url":"\/38.2-1362\/","token":"38.2\/13\/9\/38.2-1362","dublin_core":{"Title":"Examination authority","Type":"Text","Format":"text\/html","Identifier":"\u00a7 38.2-1362","Relation":"Code of Virginia"},"html":"\n\t\t\t\t\t\t<section><p>The acts of a <span class=\"dictionary\">managing general agent<\/span> are considered to be the acts of the <span class=\"dictionary\">insurer<\/span> on whose behalf it is acting. A <span class=\"dictionary\">managing general agent<\/span> may be examined pursuant to Article 4 (\u00a7&nbsp;<a class=\"law\" title=\"Examinations; when authorized or required\" href=\"\/38.2-1317\/\">38.2-1317<\/a> et seq.) of this chapter as if it were the <span class=\"dictionary\">insurer<\/span>. In addition, the <span class=\"dictionary\">managing general agent<\/span> shall be subject to examination pursuant to \u00a7&nbsp;<a class=\"law\" title=\"Power of Commission to investigate affairs of persons engaged in insurance business; penalties for refusal to permit investigation\" href=\"\/38.2-1809\/\">38.2-1809<\/a> if it or any of its officers, directors, agents, or employees is licensed as a producer under Chapter 18 (\u00a7&nbsp;<a class=\"law\" title=\"Definitions\" href=\"\/38.2-1800\/\">38.2-1800<\/a> et seq.) of this title.<\/p><\/section>","plain_text":"                                 CODE OF VIRGINIA\n\nEXAMINATION AUTHORITY (\u00a7 38.2-1362)\n\nThe acts of a managing general agent are considered to be the acts of the\ninsurer on whose behalf it is acting. A managing general agent may be examined\npursuant to Article 4 (\u00a7 38.2-1317 et seq.) of this chapter as if it were the\ninsurer. In addition, the managing general agent shall be subject to examination\npursuant to \u00a7 38.2-1809 if it or any of its officers, directors, agents, or\nemployees is licensed as a producer under Chapter 18 (\u00a7 38.2-1800 et seq.) of\nthis title.\n\nHISTORY: 2001, c. 706.","edition":{"id":1,"name":"2025","slug":"2025","date_created":"2026-06-21 22:39:22","date_modified":"2026-06-21 22:39:22","current":1,"order_by":1,"last_import":null}}